Answer / srinibas

Auto accounting is an functionality in receivable which
creates accounting code combination automatically when we
compete an transaction in receivable,
It create code combination for revenue /ac,
receivablea/c,tax,unbilled receivable,unearened revenue
etc .for this we have to set up auto accounting all of
these accounts to define from which source these account
will extract value for eac segment

Answer / ganesh

Auto accounting creates accounting code combination while
entering txns.
For this you have to define Auto accounting for
receivables,revenue,un billed receivables etc.

Receivables:
SET UP-TRANSACTION-AUTO ACCOUNTING
SELECT OPERATING UNIT,SELECT TYPE AS RECEIVABLES,REVENUE ETC
SELECT SEGMENT NAME,TABLE NAME OR CONSTANT
EX: COMPANY AS SEGMENT NAME ,CONSTANT MEANS SELECT COMPANY
CODE (EX:::01 FOR OPERATIONS)
IN THE SAME WAY SELECT DEPARTMENT,ACCOUNT(RECEIVABLE
A/C),FUTURE VALUE.

AND SAVE IT

What is ment by leased asset?

2 Answers   Chartered Accountant, Sierra Atlantica,

---

What is the difference between Rollup Groups and Summary Accounts? What is the use of those?

1 Answers  

---

1.what is difference between (New feature) 11i & R12 for Receivable, Fixed asset, GL, Payables.? 2.How was your previous company segment qualifier was defined.? 3. How many segment qualifier? 4. How the intracompany transaction take place.?

1 Answers   L&T, TTN,

---

In Accounts Payable credit memo and debit memo are entered with -ve amount but in Accounts Receivable why credit memo has -ve amonut and debit memo + ve?

6 Answers   Silicon Valley,

---

Client's requirement is that first invoice would be a proforma invoice. Second invoice would be Tax invoice. Presently, we are unable to use this approach of payment?

1 Answers  

---

im interested making my careein oracle financials platform. my bkgund is btech cse,MBA in mkt,hr.having 3+experience.in hr work. pls suggest me .wht can i do

1 Answers   Oracle,

---

Define Requition?

3 Answers  

---

What are the different types of Set of Books ?

3 Answers  

---

what is invoice variance in ap

2 Answers   Accenture,

---

What is internal-external bank (account)? Suppliers bank account? Inernal-external sales order? In AP, do you settup each supplier with its own account or you just use your expense/charge account for all supplier.Whatif you want to know how much money you paid to a particular supplier?

2 Answers  

---

if you are not having a cashmanagement module how to reconcile or how to clear the transactions?

2 Answers   Genpact,

---

What are the different ways of adding assets in FA?

3 Answers   Oracle,

---